Tax-free infra bonds crowned at 25%

According to the finance ministry, any of the infrastructure finance group can deal out maximum of 25 percent of its inclining investment as tax-free infra bonds during a year.

Sushma Swaraj offers tribute to 7/11 terror attack victims in Mumbai

 Sushma SwarajMumbai, July 11: Leader of the Opposition in the Lok Sabha, Sushma Swaraj, on Sunday paid homage to the victims of the 7/11 serial train blasts in Mumbai, which killed at least 187 people.

Swaraj paid tribute to the victims at the Mahim Railway Station, where she lit candles near their photographs.

Earlier, on Saturday, the Bharatiya Janata Party (BJP) leader had met one of the victims, Parag Sawant, who has been hospitalized ever since the terror attacks.

The 7/11 bombings were a series of seven bomb blasts that took place over a period of 11 minutes on the suburban railway in Mumbai.

Tourism hit hard due to unrest in Jammu and Kashmir

TourismSrinagar, July 11 : Tourism has been hit hard in Jammu and Kashmir following the recent strikes, and imposition of curfew by the government.

Most of the tourists have left the valley and the ones who are still there, are facing problems like shortage of food and basic amenities as the shops are closed.

“Definitely we feel sad because there are lots of things not functioning. There is no much choice, shops are closed because of the strike and curfew,” said Hemant Rathore, a tourist.

At present, tourist hubs like the Dal Lake are completely deserted, which has affected houseboat owners.

Heavy rains, floods in northern India sets vegetable prices soar high

vegetable pricesNew Delhi, July 11: The after-effects of heavy rains and floods in northern India are being felt across the country, as prices of vegetables have shot over 25 to 30 per cent.

Owing to incessant rains over the past three days in Haryana and Punjab, crops have been badly affected due to which the wholesale rates of the vegetables have gone up.

“The floods have caused a lot of problem in the transportation and due to rise in prices of crude oil twice, the transporters also raised their fares. That is why the vegetables prices have soared,” said Pintu Kumar, a vegetable supplier at New Delhi’s Azadnagar market.

Fish festival abuzz with visitors in Hyderabad

Hyderabad, July 11: The Indian fish festival, INFISH 2010, is being organized in Hyderabad, which is showcasing exotic and colorful varieties of fishes.

Organized by the National Fisheries Development Board (NFDB), INFISH 2010 is aimed to promote sales of ornamental fishes and showcase the state-of-the-art production and processing techniques in use in the country.

“Basically people come here to understand what fisheries are. Secondly, they are very fascinated looking at the ornamental fishes, and those who wish to keep an aquarium at home, it is a great opportunity,” said Vasu Devappa, Senior Executive Director of the NFBD.

Sports Minister Gill inaugurates tennis stadium in New Delhi

M S GillNew Delhi, July 11 : Union Sports Minister M. S. Gill on Sunday inaugurated a tennis stadium for the upcoming Commonwealth Games in New Delhi.

The stadium has a capacity of 5,015 people and it has been built at a cost of Rs 660 million.

Built in the Jawaharlal Nehru Stadium Complex, the stadium has been named after Ramanathan Krishnan, only Indian player to make it to the semi-finals of the Wimbledon twice.

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